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Drivetime
DriveTime Automotive Group Inc. is an American used car retailer and finance company. It is based in Tempe, Arizona, and sells and finances cars to customers around the nation. The company was formerly known as Ugly Duckling and was renamed DriveTime in 2002. It also spun off Carvana and GO Financial, SilverRock Group Inc, and Bridgecrest Acceptance Corporation. , DriveTime had approximately 145 locations in the U.S. and 3,800 employees. Operations DriveTime is a private company headquartered in Tempe, Arizona. The company's business model is focused on selling previously owned vehicles to car-buyers. It uses a proprietary credit scoring model to finance car purchases at its dealerships in-house, including subprime lending. DriveTime buys 150,000 cars annually at various auctions. After auction, the company puts the purchased cars through a 14-day inspection at one of its 24 inspection centers. It makes necessary repairs before sending the vehicles to its dealerships. Approxim ...
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Mesa, Arizona
Mesa ( ) is a city in Maricopa County, Arizona, Maricopa County, in the U.S. state of Arizona. It is the most populous city in the East Valley (Phoenix metropolitan area), East Valley section of the Phoenix Metropolitan Area. It is bordered by Tempe, Arizona, Tempe on the west, the Salt River Pima-Maricopa Indian Community on the north, Chandler, Arizona, Chandler and Gilbert, Arizona, Gilbert on the south along with Queen Creek, Arizona, Queen Creek, and Apache Junction on the east. Mesa is the third-largest city in Arizona after Phoenix, Arizona, Phoenix and Tucson, Arizona, Tucson, the List of United States cities by population, 37th-largest city in the US, and the largest city that is not a county seat. The city is home to 504,258 people as of 2020 according to the Census Bureau, which makes it more populous than Minneapolis, St. Louis, and Miami. Mesa has been described as "America's most Conservatism in the United States, conservative city". More than 40,000 students are ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Wired (magazine)
''Wired'' (stylized as ''WIRED'') is a monthly American magazine, published in print and online editions, that focuses on how emerging technologies affect culture, the economy, and politics. Owned by Condé Nast, it is headquartered in San Francisco, California, and has been in publication since March/April 1993. Several spin-offs have been launched, including '' Wired UK'', ''Wired Italia'', ''Wired Japan'', and ''Wired Germany''. From its beginning, the strongest influence on the magazine's editorial outlook came from founding editor and publisher Louis Rossetto. With founding creative director John Plunkett, Rossetto in 1991 assembled a 12-page prototype, nearly all of whose ideas were realized in the magazine's first several issues. In its earliest colophons, ''Wired'' credited Canadian media theorist Marshall McLuhan as its "patron saint". ''Wired'' went on to chronicle the evolution of digital technology and its impact on society. ''Wired'' quickly became recognized ...
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Straw Borrower
A straw borrower is a United States term for an individual whose name, social security number, and credit history are used to hide the identity of the organizers of a for-profit mortgage fraud scheme. Straw buyers are also used in order to obtain a residential mortgage for a person who would not qualify for the loan, frequently a family member or friend. In for profit schemes, the straw buyer is usually compensated by the organizer for the use of his financial identity. While the straw borrower may have been lured into the transaction with the promise that he would not be liable for the mortgage payments, the straw is legally bound once the mortgage is obtained and will be responsible for making the payments. If the mortgage goes into default or is foreclosed, it will be reported under the straw borrower's name and his credit will be ruined. Misrepresentation of identity on a federally related mortgage transaction is a criminal offense punishable by up to 30 years imprisonment. S ...
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Tucson
, "(at the) base of the black ill , nicknames = "The Old Pueblo", "Optics Valley", "America's biggest small town" , image_map = , mapsize = 260px , map_caption = Interactive map outlining Tucson , image_map1 = File:Pima County Incorporated and Unincorporated areas Tucson highlighted.svg , mapsize1 = 250px , map_caption1 = Location within Pima County , pushpin_label = Tucson , pushpin_map = USA Arizona#USA , pushpin_map_caption = Location within Arizona##Location within the United States , subdivision_type = Country , subdivision_type1 = State , subdivision_type2 = County , subdivision_name = United States , subdivision_name1 = Arizona , subdivision_name2 = Pima , established_title = Founded , established_date = August 20, 1775 , established_title1 = Incorporated , e ...
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The University Of Arizona
The University of Arizona (Arizona, U of A, UArizona, or UA) is a public land-grant research university in Tucson, Arizona. Founded in 1885 by the 13th Arizona Territorial Legislature, it was the first university in the Arizona Territory. The university is part of the Association of American Universities and the Universities Research Association. In the former, it is the only member from the state of Arizona. The university is classified among "R1: Doctoral Universities – Very High Research Activity". The University of Arizona is one of three universities governed by the Arizona Board of Regents. , the university enrolled 49,471 students in 19 separate colleges/schools, including the University of Arizona College of Medicine in Tucson and Phoenix and the James E. Rogers College of Law, and is affiliated with two academic medical centers ( Banner – University Medical Center Tucson and Banner – University Medical Center Phoenix). In 2021, University of Arizona acquire ...
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Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in ...
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Budget Rent A Car
Budget Rent a Car is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey. History With its original fleet of 10 cars, the company lived up to the 'Budget' name by undercutting the daily and per mile rental rates of the established airport based car rental companies. Mirkin was joined in 1959 by Julius Lederer and together, they built the company internationally. In 1960, the headquarters moved to Chicago, Illinois and the rental fleet expanded with franchised and wholly owned rental outlets. The company was eventually acquired by Transamerica Corporation, and then sold in 1986 in a leveraged buyout by Gibbons, Green and van Amerongen Ltd., along with management (led by CEO Clifton E. Haley) and selected investors. The company made its first public stock offering in 1987. Team Rental Group purchased the public compan ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Arizona Daily Star
The ''Arizona Daily Star'' is the major morning daily newspaper that serves Tucson and surrounding districts of southern Arizona in the United States. History L. C. Hughes was the Arizona Territory governor and founder of the ''Arizona Star'', in 1877. The first issue was published on March 29, 1877. The newspaper became the ''Arizona Daily Star'' in June 1879. The paper was purchased by Pulitzer in 1971; Lee Enterprises bought Pulitzer in 2005. Awards In 1981, ''Star'' reporters Clark Hallas and Robert B. Lowe won the Pulitzer Prize for Local Investigative Specialized Reporting for their stories about recruiting violations by University of Arizona football Football is a family of team sports that involve, to varying degrees, kicking a ball to score a goal. Unqualified, the word ''football'' normally means the form of football that is the most popular where the word is used. Sports commonly c ... coach, Tony Mason. References External links * * ''Arizona Daily ...
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Car Rental
A car rental, hire car or car hire agency is a company that rents automobiles for short periods of time to the public, generally ranging from a few hours to a few weeks. It is often organized with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online reservations. Car rental agencies primarily serve people who require a temporary vehicle, for example, those who do not own their own car, travelers who are out of town, or owners of damaged or destroyed vehicles who are awaiting repair or insurance compensation. Car rental agencies may also serve the self-moving industry needs, by renting vans or trucks, and in certain markets, other types of vehicles such as motorcycles or scooters may also be offered. Alongside the basic rental of a vehicle, car rental agencies typically also offer extra products such as insurance, global positioning s ...
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Tucson, Arizona
, "(at the) base of the black ill , nicknames = "The Old Pueblo", "Optics Valley", "America's biggest small town" , image_map = , mapsize = 260px , map_caption = Interactive map outlining Tucson , image_map1 = File:Pima County Incorporated and Unincorporated areas Tucson highlighted.svg , mapsize1 = 250px , map_caption1 = Location within Pima County , pushpin_label = Tucson , pushpin_map = USA Arizona#USA , pushpin_map_caption = Location within Arizona##Location within the United States , subdivision_type = Country , subdivision_type1 = State , subdivision_type2 = County , subdivision_name = United States , subdivision_name1 = Arizona , subdivision_name2 = Pima , established_title = Founded , established_date = August 20, 1775 , established_title1 = Incorporated , e ...
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